:

Business/Financial

Rockwell Collins Posts Strong Third Quarter

DDN

Tuesday, July 15th, 2008

SHARE:

By Calvin Biesecker Rockwell Collins [COL] last Friday reported strong third quarter financial results due to improved operating margins and solid sales and the company raised its year-end earnings guidance a nickel. Despite bleak headlines in the energy markets and the likelihood of near term capacity cuts in the airline industry, Rockwell Collins remains well positioned for continued sales and earnings growth, Clay Jones, the company's chairman, president and CEO, said during an analyst call. Airline capacity cuts are expected…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]